Profitable Horse Racing System

[kamen]

There are loads of supposedly profitable horse racing systems on the web. Most are rubbish and are back fitted to convince you that they are profitable. However, this one works very well. You need to understand the concept of laying and have access to a betting exchange. You don't need to do any form study and this works just by analyzing the odds.

Horses that are odds on (below 2.00) win around 50% of their races. It is almost profitable laying every odds on horse, but will take a long time. What we are doing is laying the horses in play at much better prices than their starting price. Follow these steps, but be aware there will be losses, but you can profit up to 5 times the amount you are risking.

1. Look for races where the favourite is priced between 1.70 - 2.20

2. Before the races starts place 5 lays on the exchange at the following prices, ensuring to use the 'keep in play' option - 1.45, 1.25, 1.15, 1.10, 1.05

Say you are using 3000 peso stakes and the horse wins you will lose 3000 peso. If the horse loses how much you win depends how low the odds went in play, but you can win up to 5 times your stake. The better the horses performance the more you win. It is possible none of your lays will be matched and you will win nothing, but you don't lose either. Try it with small stakes.

 

[chillseph1023]

I played a Lay strategy once but it involved finding horses that are running in conditions that they normally lose in or are not accustomed to running in, as well as finding other horses in the race that are in their element.

 

[kamen]

Yes, I came across a similar system, but it is very time consuming. I prefer simple systems that can be applied quickly without the need of extensive form study.

One additional check you can use with the above system is that the second favourite is 6.00 or below and the third favourite is 10.0 or below. This just ensures the horse has reasonable competition.